Tags » Tax Relief

Commercial property owners 'lose' £100m in tax relief

Commercial property owners have missed out on £100m in tax relief since the introduction of new regulation, research suggests.

Analysis of HMRC’s monthly property transaction report highlights that more than £84m has been lost in the first three months alone, taking the figure to approximately £100m to date. 270 more words

General News

Death and taxes

Here’s some thoughts I jotted down on what the new tax on lump sums comgin out of drawdown plans may look like.  I wrote this a week or so ago, though I understand… 461 more words


Tolley turns spotlight on 18 month PPR rule

The experts at Tolley have produced some back to basics guidance on the implications of changes to principal private residence(PPR) relief.

The advice follows the Autumn Statement announcement that the last three years’ exemption for PPR relief would be reduced to 18 months for disposals on or after 6 April 2014. 347 more words

Accounting News

Try Not To Lose Out On Losses!

Trading Loss relief is now limited to the higher of £50,000 or 25% of the losses made. This restriction was designed to stop clever tax avoidance schemes but can be very significant for rural businesses. 125 more words


UK Tax Breaks Voted The Best In Europe

GDC survey also shows PS4 ahead of Xbox One in developer interest

A new survey from GDC Europe has showed overwhelming approval for the UK’s tax incentives, which were only approved by the European Commission in March this year. 231 more words

News And Statistics

Tax Advantages For Innovative Companies

New and innovative products which will change how we conduct our lives are being thought up, it can seem, every day. It is products like these which keep the majority of businesses profitable, which is extremely important for maintaining an already fragile economy in the UK. 349 more words

What’s in your land? it could be worth a 150% tax deduction

Land Remediation Relief is a relief from corporation tax only. It provides a deduction of 100%, plus an additional deduction of 50%, for qualifying expenditure… 169 more words